0.8523.9
201200
Total Profits:
$205.73
($27) Loss
ISEELong Stock
LittleRed

Looking for the weak open reversal. I was in way too early, didn't follow my plan and then was stubborn with my trades not wanting to miss the squeeze. Knowing this was SSR I was very biased to the fact that it would hold up. Good lesson to learn on a small position.

000

$25 Profit
AGRXLong Stock
LittleRed

I took the bulk of the move - in small and wanted to add near the 1.60 area and just missed my opportunity. This was a perfect chart that was very predictable. I exited late and on the backside of the move but still learning and thought this was a great trade.

010

$11 Profit
ENDPLong Stock
LittleRed

Plan: weak open r/g (still in effect). The stock formed a strong bottom at 4.86 so I took a much better entry. I got impatient and scared out at 5.00 although I thought it would get back to the pm highs and took the win to cancel out the previous loss.

000

($14) Loss
ENDPLong Stock
LittleRed

Plan: buy the weak open r/g. Since this had barley any pullback the prior two days, I didn't give it a lot of time to form a base - even though I deliberately wrote that on my trade plan as this strategy takes time to confirm the risk. I entered too soon and cut my loss, although looking at the support I should have been okay holding it. I was too trigger happy on this one.

000

($40) Loss
ATISLong Stock
LittleRed

Plan: looking for the ABCD setup pm on a perk and gear up. It was looking perfect so I went larger than normal which tightened my risk and ultimately made me take a loss on the trade. I reduced my position size to half before the market opened then cut the rest when the trade broke my pattern. I haven't earned the right to size up yet and didn't allow myself to be patient in the trade. Lessons, lessons, lessons.

000

($14) Loss
XBIOLong Stock
LittleRed

This one was my pattern but I had a poor execution. I bought at the midrange of the perk that was holding for a few minutes. Since I did that my tight risk was taken out at the 1.46 dip and I watched the trade take off to 2 without me. I need to be okay with missing a trade versus forcing a bad entries and stops that are too tight... baby steps.

000

($40) Loss
VIVELong Stock
LittleRed

More mistakes today! Definitely not the pattern my brain convinced me it was.. and I took too much size again (accidentally since that is the default size of my broker) but I need to be more diligent in reviewing my trade before taking it. This was a revenge trade so before I trade I NEED to make sure I ask why I am entering and is this a trade I should be making.

000

($32) Loss
IPWRLong Stock
LittleRed

Lots of mistakes on this one: I put on too much size for what I wanted to risk. Then.. I was early on my execution so I didn't let me pattern set up. If I waited, I would have seen it fail and it would have been a no trade. I've done this a couple of times now so I need to be more patient. 5 cents lower on a win is better than taking a loss.

000

$84 Profit
DTSSLong Stock
LittleRed

Finally made a good trade and went back to my rules after a couple of FOMO trades. ABCD set up was perfect. I took 100 shares on a perk up. My goal was to sell into strength, learning from my past trades. I sold in 20 share increments at 4.25, 4.40, 4.80, 5.15 and nailed the top of the move @ 5.50. Now I just need to keep watching the stock after a good trade so I can capitalize on the rest of the move in the future.

010

($32) Loss
PSTVLong Stock
LittleRed

Plan to buy weak open r/g. I didn't let the trade set up and was early on my first entry and took a $20 loss. I reentered @ 2.99 and should have sold when it went up to 3.50 (17% great trade!) but was greedy. I added 50 shares @ 3.33 thinking it would hold the previous b/o and didn't let it prove itself and ended up taking all 150 shares off @ 3.02. Lessons: Sell into strength.. you can always add more but take profits when you get a good move and DONT get greedy.

010

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*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.